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The closing price of Ironwood Pharmaceuticals Inc (NASDAQ: IRWD) was $4.26 for the day, up 1.19% from the previous closing price of $4.21. In other words, the price has increased by $1.19 from its previous closing price. On the day, 0.88 million shares were traded. IRWD stock price reached its highest trading level at $4.26 during the session, while it also had its lowest trading level at $4.055.
Ratios:
Our analysis of IRWD’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.65. For the most recent quarter (mrq), Quick Ratio is recorded 3.92 and its Current Ratio is at 3.92.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Leerink Partners on September 09, 2024, initiated with a Market Perform rating and assigned the stock a target price of $5.
On August 08, 2024, CapitalOne Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $12 to $4.
On January 17, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $21.Craig Hallum initiated its Buy rating on January 17, 2024, with a $21 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 12 ’24 when John Minardo sold 9,910 shares for $4.27 per share. The transaction valued at 42,316 led to the insider holds 284,661 shares of the business.
Silver Ronald sold 3,107 shares of IRWD for $13,267 on Aug 12 ’24. The Principal Accounting Officer now owns 158,370 shares after completing the transaction at $4.27 per share. On Aug 12 ’24, another insider, John Minardo, who serves as the Officer of the company, bought 11,726 shares for $4.05 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IRWD now has a Market Capitalization of 680488192 and an Enterprise Value of 1215220096. As of this moment, Ironwood’s Price-to-Earnings (P/E) ratio for their current fiscal year is 98.61, and their Forward P/E ratio for the next fiscal year is 12.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.70. Its current Enterprise Value per Revenue stands at 3.034 whereas that against EBITDA is 10.047.
Stock Price History:
Over the past 52 weeks, IRWD has reached a high of $15.70, while it has fallen to a 52-week low of $3.79. The 50-Day Moving Average of the stock is -6.90%, while the 200-Day Moving Average is calculated to be -46.82%.
Shares Statistics:
IRWD traded an average of 1.98M shares per day over the past three months and 1456140 shares per day over the past ten days. A total of 156.35M shares are outstanding, with a floating share count of 155.59M. Insiders hold about 2.60% of the company’s shares, while institutions hold 108.04% stake in the company. Shares short for IRWD as of 1727654400 were 11786477 with a Short Ratio of 5.94, compared to 1724976000 on 13596791. Therefore, it implies a Short% of Shares Outstanding of 11786477 and a Short% of Float of 14.29.
